PAYMENTS AND REPORT. 6.1 Within thirty (30) days after the end of each QUARTER YEAR, LICENSEE shall furnish to YALE a written report setting forth the NET SALES and the EARNED ROYALTIES payable thereon, accompanied by full payment of such EARNED ROYALTIES.
6.2 The reports required by this Article VI shall be certified by an officer of LICENSEE to be correct to the best of LICENSEE's knowledge and information. Each report shall be accompanied by LICENSEE's payment of the full amount due, less any taxes required by a governmental agency to be withheld therefrom; provided, however, that YALE shall have the right to contest any such taxes and LICENSEE shall provide reasonable assistance with respect thereto. All royalties shall be paid to YALE in U.S. dollars, and in full. In the event that conversion from foreign currency is required in calculating a royalty payment hereunder, the exchange rate used shall be the rate in effect at the end of the last business day of the month just prior to the date payment is required to be made hereunder as published in the Wall Street Journal.
6.3 If this Agreement should be terminated at any time other than at the end of a QUARTER YEAR or ROYALTY YEAR, the last report and payment shall be made within sixty (60) days after the effective date of such termination, and shall include any EARNED ROYALTIES prorated to the date of termination. If the amount of LICENSEE's or any SUBLICENSEE's existing inventory of LICENSED PRODUCTS which had been manufactured but not sold up to the date of termination exceeds a thirty (30) day supply, LICENSEE shall provide YALE with a report setting forth the amount of such inventory at the date of termination, and may elect to continue to render QUARTER YEAR reports on the sales of such existing inventory and to make payments as though the Agreement were still in effect; provided, however, that in any event, LICENSEE shall complete payment of EARNED ROYALTIES thereon within one year from the effective date of termination.
PAYMENTS AND REPORT. 5.1 The total amount of the Upfront Payment shall be paid within *** of the Effective Date.
5.2 Within *** after the end of each *** thereafter, Licensee shall furnish to Overture *** in a form mutually agreed by the parties, and certified by an officer of Licensee to be correct to the best of Licensee’s knowledge and information, setting forth the *** applied thereto, and the *** payable thereon. Each *** shall be accompanied by Licensee’s payment of the amount due. All payments under this Agreement shall be in U.S. dollars.
5.3 Any payments, or portions thereof, more than *** overdue will bear a late payment fee of ***, or, if lower, the maximum rate allowed by applicable law.
PAYMENTS AND REPORT. 8.1 Accounting period The accounting period for determining running royalty and Menarini Country Income, if any, payments due hereunder shall be every calendar quarter and each such accounting period shall be closed at the end of each March, June, September and December, and within forty (40) days after the end of each accounting period, MELINTA shall pay WAKUNAGA such amounts together with an English language report thereon as provided in Section 8.2 below.
PAYMENTS AND REPORT. 9.1 Not later than the last day of each January, April, July and October, GRANTEE shall furnish to GRANTOR a written statement in such detail as GRANTOR may reasonably require of all amounts due pursuant to Sections 4.2 for the quarterly periods ended the last days of the preceding March, June, September and December and shall pay to GRANTOR, all amounts due to GRANTOR.
9.2 Payments provided for in this Agreement, when overdue, shall bear interest at a rate per annum equal to two percent (2%) in excess of the "Prime Rate" published by the U.S. Edition of "The Wall Street Journal" at the time such payment is due, and for the time period until payment is received by GRANTOR.
PAYMENTS AND REPORT. 8.1 Not later than the last day of each January, April, July and October, XIAM shall furnish to MLSC a written statement in such detail as MLSC may reasonably require of all amounts due pursuant to Sections 4.2 for the quarterly periods ended the last days of the preceding March, June, September and December and shall pay to MLSC, all amounts due to MLSC.
8.2 Payments provided for in this Agreement, when overdue, shall bear interest at a rate per annum equal to two percent (2%) in excess of the "Prime Rate" published by the U.S.
PAYMENTS AND REPORT. (a) Within thirty (30) days after the end of each QUARTER YEAR, LICENSEE shall furnish to YALE a written report setting forth the NET SALES, and the EARNED ROYALTIES payable, accompanied by full payment of such EARNED ROYALTIES due to Yale under 4.1(a) above.
(b) Within thirty (30) days after the end of each YEAR. LICENSEE shall furnish to YALE a written report setting forth the NET REVENUES, research expenditures, accompanied by full payment of such fees due to Yale under 4.1 (b) above.
PAYMENTS AND REPORT. 8.1 Not later than the last day of each January, April, July and October, XIAM shall furnish to MLSC a written statement in such detail as MLSC may reasonably require of all amounts due pursuant to Sections 4.2 for the quarterly periods ended the last days of the preceding March, June, September and December and shall pay to MLSC, all amounts due to MLSC.
8.2 Payments provided for in this Agreement, when overdue, shall bear interest at a rate per annum equal to two percent (2%) in excess of the "Prime Rate" published by the U.S. Edition of "The Wall Street Journal" at the time such payment is due, and for the time period until payment is received by MLSC.
8.3 If this Agreement is for any reason terminated before all of the payments herein provided for have been made, XIAM shall immediately submit a terminal report, and pay to MLSC any remaining unpaid balance even though the due date as above provided has not been reached.
PAYMENTS AND REPORT. A calendar quarterly report, including: the amount of payment with the date the payment was made; an itemized payment listing; and date of this License under which payment is being made and the number ______ (supplied by DOW after the EFFECTIVE DATE), shall be sent to: The Dow Chemical Company Royalty Accounting 2020 Xxx Xxxxxx Xxxxxxx, XX 00000 XXX xxxh payment by wire transfer, to THE DOW CHEMICAL COMPANY and sent to: * * * * * * *
PAYMENTS AND REPORT. (a) MSI shall submit to Columbia written reports for the three-month periods ending on March 31, June 30, September 30 and December 31 of each year of this Agreement (the "Payment Reports"). Each Payment Report shall be submitted to Columbia no later than the last business day of the calendar month following the close of the three-month period and shall include: * CONFIDENTIAL TREATMENT REQUESTED
(i) The total invoice price changed by MSI or by an Affiliate during the preceding period for Licensed Products;
(ii) The number of units of Licensed Products sold, rented, leased or sublicense during the preceding period;
(iii) The aggregate license fees, royalties or other payments or consideration received by MSI for Licensed Products;
(iv) In the event of transfers, sales, rental, lease, use or sublicensing of Licensed Products by an Affiliate, the quantity of such Licensed Products, the total invoice price charged by MSI to the Affiliate and the total invoice price charged by the Affiliate to its customers; or
(v) A calculation of the amount of royalties due during the preceding period.
(b) Simultaneous with the submission of each Payment Report, MSI shall make payment to Columbia of the amounts due for the three-month period covered by the Payment Report.
(c) Upon request, MSI shall provide to Columbia such additional information and back-up verification with respect to payments due under this Agreement as Columbia may reasonably request.
(d) MSI shall maintain at its principal office usual books of account and records showing its actions under this Agreement. Such books and records shall be open to inspection and copying, during normal business hours, by an independent certified
PAYMENTS AND REPORT
